From Buenos Aires Times · · 1m 40s
Argentina's Data Centre Boom
Argentina gets first major data centre deals as Milei pushes tech hub ambitions.
In brief
Argentina gets first major data centre deals as Milei pushes tech hub ambitions. Argentina's government signed a $25 billion data centre deal with OpenAI and Sur Energy for Patagonia, aiming to become a global tech hub. Originally reported by Buenos Aires Times.
Milei's tech push
Javier Milei aims to turn Argentina into a technology hub using vast land, water, cheap energy, and tailored legal frameworks for digital corporations.
Data centre definition
Data centres house servers, storage systems, and networking equipment to process, store, and distribute large volumes of information.
OpenAI deal
OpenAI and Sur Energy signed a Letter of Intent in October 2025 to develop a Patagonia data centre with potential investment up to US$25 billion.
Operational data centres
Pablo Serdán's Tengo Data observatory identifies 67 data centres in Argentina, 52 operational, one under construction, 13 announced, one cancelled.
CABASE register
CABASE identifies 14 facilities with capacity over 1 MW and combined installed capacity of nearly 32 megawatts.
Geographical concentration
Buenos Aires City and Province account for 28 facilities, or 42 percent of Argentina's 67 data centres.
AI data centres
Nine of Argentina's 67 data centres are associated with artificial intelligence development, six are hyperscale projects.
Patagonia projects
Seven projects are in Neuquén, two in Chubut, two in Buenos Aires Province, and one spans Neuquén, Río Negro, and Chubut.
US opposition
Over 120 US data centre projects with $200 billion value were blocked or delayed in the first half of 2026, sparking local protests.
Milei's stance
Milei's government strategy is to open Argentina's doors to major digital infrastructure projects as the President stated at the United Nations.
What it means
Argentina's government signed a $25 billion data centre deal with OpenAI and Sur Energy for Patagonia, aiming to become a global tech hub.
